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This study provides a decomposition of the WTO Global Trade Costs Index into five policy-relevant components: transport … governance quality. The WTO Global Trade Costs Index is based on a new methodology by Egger et al. (2021) that delivers …
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dealing with undervalued exchange rates. This paper proposes new rules in the World Trade Organization to discipline cases of … WTO's enforcement mechanism is credible and effective. The World Trade Organization would not be involved in exchange rate … advantage of the two institutions, with the International Monetary Fund providing the essential technical expertise in the World …
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The Chinese exchange rate policy is a hotly debated topic. Comments are heard from politicians, economists and lawyers alike, with fingers pointed at the Renminbi (RMB) undervaluation blaming it for job loss in the United States or for causing the credit crisis by creating global imbalances and...
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been effective in dealing with undervalued exchange rates. We propose new rules in the World Trade Organization (WTO) to …
Persistent link: https://www.econbiz.de/10012724390
The multilateral trading system privileges a perspective in which trade policies are appraised primarily in terms of their exchange value — their capacity to be exchanged for modifications in other countries' trade policies — rather than their use value — their utility for the country that...
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